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India and Brazil and other developing economies knew that a trade deal would benefit their farmers while hurting their factory and bank owners, who would find it hard to compete against larger, more efficient American companies.
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The Finnish company Botnia, which is building the factory on the bank of the Uruguay River that separates the two countries, says it will be perfectly safe.
BBC: Last Updated: Friday, 3 March 2006, 04:00 GMT
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He built his own factory without seeking a bank loan.
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For example, the Philadelphia Federal Reserve Bank said that factory activity fell to the lowest level since March 2009.
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On Thursday the Philadelphia Federal Reserve Bank noted that factory activity in the mid-Atlantic region continued to slow in June with its index posting minus 17.1 compared to 15.6 in May.
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Mr Huang still grimaces at the thought of a bad loan the bank made in 1994 to a factory located two hours away.
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As for the remaining 25 cents, that will just about cover repaying a 10-year bank loan at 18% interest, which the factory owner has used for set-up costs along with a home and car.
WSJ: Business Asia: Letter from a Bangladesh Factory
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There are train loads of 55-year-old bank vice-presidents who ain't coming back along with factory workers, carpenters and house painters.
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